IDX Alternative FIAT ETF (NASDAQ:GLDB) Sees Large Decline in Short Interest

IDX Alternative FIAT ETF (NASDAQ:GLDB) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 3,518 shares, a drop of 61.3% from the August 31st total of 9,084 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 7,530 shares, the short-interest ratio is currently 0.5 days.

IDX Alternative FIAT ETF Stock Down 3.3%

Shares of GLDB traded down $0.76 during mid-day trading on Monday, hitting $22.32. 2,735 shares of the company’s stock were exchanged, compared to its average volume of 19,653. IDX Alternative FIAT ETF has a fifty-two week low of $18.67 and a fifty-two week high of $30.73. The stock’s 50-day moving average is $22.53 and its 200-day moving average is $20.86.

IDX Alternative FIAT ETF Company Profile

The Strategy Shares Gold-Hedged Bond ETF (GLDB) is an exchange-traded fund that is based on the Solactive Gold Backed Bond index. The fund tracks an index that provides broad exposure to USD-denominated investment grade corporate bonds while using near term gold futures to potentially hedge inflation risk. GLDB was launched on May 17, 2021 and is managed by Strategy Shares.